Somaliland has embraced mobile money, but at what price?(theguardian.com) |
Somaliland has embraced mobile money, but at what price?(theguardian.com) |
Here is a documentary on Somaliland from the BBC by Simon Reeve: https://www.youtube.com/watch?v=IRET1fHLWdE
The spread of mobile money like Zaad and the more famous m-Pesa may well eventually cause systemic instability, but this is only really likely if the next step is taken, extending credit based on mobile monetary accounts.
The remittance angle will be incredibly interesting given crypto coin developments..